- Major European currencies, but the Swiss franc, and emerging market currencies are bearing the brunt.
- Japan's final PMI service and composite readings were revised up but remain in contraction territory and more pronounced than in January.
- MSCI and FTSE are dropping Russian stocks, which are untradable given the sanctions.
- The US dollar rose slightly above last month's high yesterday against the Mexican peso (~MXN20.7850) but did not sustain the momentum and fell back to around MXN20.58.
For further details see:
European Currencies Continue To Bear The Brunt